Edwards: No Tax Breaks for Outsourcing
July 29, 2004 -- On a night when the Democratic Party nominated John Kerry to be its candidate for President, convention speakers continued to hammer home plans to revitalize the economy and create jobs under a Democratic Administration.
Wednesday night's keynote speaker, John Edwards, who was officially nominated for Vice President then, highlighted his running mate's plans to chop healthcare costs and cultivate good paying jobs for the country.
"Our plan will stop giving tax breaks to companies that outsource your jobs. Instead, we will give tax breaks to American companies that keep jobs here in America. And we will invest in the jobs of the future - in the technologies and innovation to ensure that America stays ahead of the competition," Edwards said.
Edwards said he and Kerry also planned to repeal tax cuts given by the Bush Administration to the nation's wealthiest income earners.
Edwards' words reflected adherence to a party line that emerged in the first three days of the convention, specifically, the idea that Democrats would handle healthcare and the economy better than Republicans. A study by the New York Times noted that convention speakers had used the word "economy" 45 times and "jobs" 127 times in their speeches through Wednesday, a count topped only by "healthcare" (161) and "strong/strength" (141).
Ranking the individual speakers in frequency of use of these words, Bill Clinton and Edwards referenced jobs the most, according to the study, which noted each used the word "jobs" six times. Senate hopeful from Illinois Barack Obama ranked second by mentioning "jobs" five times, followed by Al Gore, who made three references.
These speeches built on Monday's opener, in which Representatives Stephanie Tubbs-Jones of Ohio and Tammy Baldwin of Wisconsin expressed support for small and emerging companies to help strengthen the country's middle class.
DARREN DAHL is a contributing editor at Inc. Magazine, which he has written for since 2004. He also works as a collaborative writer and editor and has partnered with several high-profile authors. Dahl lives in Asheville, NC.
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